CALIFORNIA: Pro-cannabis cryptocurrency startup GreenMed has become the world’s first one-stop shop for electronic payments in the legal marijuana industry. The platform enables customers to pay for legal marijuana with credit and debit cards. Apart from allowing card payment at dispensaries, the platform also allows users to pre-purchase for quick pick-up over its app. GreenMed is the first platform Read the full article…

By Sahar Ayinehsazian Since Washington state legalized recreational marijuana in 2014, recreational cannabis sales have totaled over $1 billion, translating to more than $250 million collected in new taxes. Such substantial sales, however, have also brought problems for licensees in the form of cash. Because of marijuana’s federal status as a Schedule I substance, financial institutions continue to Read the full article…

DISTRICT OF COLUMBIA: Although 28 states have already legalized marijuana for medicinal or recreational use, the U.S. Drug Enforcement Administration (DEA) continues to label marijuana a Schedule 1 substance, along with heroin and LSD, making it illegal on a federal level. As a result, the banking industry has been slow to provide services to marijuana Read the full article…

NEW YORK: Some of the major federally regulated banks in New York have no plans to do business with the medical marijuana companies that were awarded licenses to grow and distribute the drug. That means the banks will not accept deposits from the companies and will not allow bank-issued debit cards to be used to purchase the drug. Read the full article…

By Sue Vorenberg Cannabis Daily Record WASHINGTON: Juicing is a growing trend in the health food community – and an excellent way to add more fruits and veggies into your diet in a concentrated form. But there’s one added ingredient that, while somewhat difficult to get, can add even more healthy bang to your juice: Cannabis Read the full article…

COLORADO: Every month, Jamie Perino hires a security detail to come to her three recreational marijuana dispensaries. They stop by, collect thousands of dollars in cash and head out to deliver the money to the state, county and city. Perino, the CEO of Euflora dispensaries, said she can’t find a bank that will work with her. Read the full article…

COLORADO: The Fourth Corner Credit Union is not allowed to accept any marijuana business until they get federally insured. And this is the more reason the credit union is asking for equal access to the financial system so that marijuana businesses could operate without restrictions, because they are now at a disadvantage. According to the Denver Read the full article…

COLORADO: While the cannabis industry has been touted as a “cash-only” enterprise since medical marijuana was first legalized in California nearly 20 years ago, recent reports indicate that the recreational sector has become fed up with handling massive stacks of cash and have since established a clever method for accepting credit cards payments. Colorado pot shops have struggled for Read the full article…

OREGON: Two months from now, on July 1, Oregon will become the fourth state to allow residents to legally purchase marijuana for recreational use. In anticipation of legalization, the governing body that will oversee marijuana licensing and sales is preparing for something unexpected: A huge influx of cold, hard cash. Legal marijuana in states like Read the full article…

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Whenever it comes to talking about improving the quality of life, using herbs is what occurs as the first thought in our minds. Although herbs have always held immense importance for enhancing human … Read the full article

ISRAEL: Rambam Health Care Campus is leading cannabis research that could be helpful in the treatment of severely ill COVID-19 patients. Clinical trials have been scheduled.
Researchers in the … Read the full article

Lawmakers voted 208-199 (23 not voting) in favor of coronavirus "HEROES" relief package
DISTRICT OF COLUMBIA: On Friday evening (5/15/20) lawmakers in the United States House of Representatives … Read the full article